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investment advice
As Published: 2017
investment advice
150 the provision of personal recommendations to a client , either upon the client’s request or at the initiative of the firm , in respect of one or more transactions relating to designated investment…
over the counter
As Published: 2001
over the counter
(in relation to a transaction in an investment ) not on-exchange . 4…
EMIR
As Published: 2012
EMIR
79 Regulation (EU) No 648/2012 on OTC derivatives, central counterparties and trade repositories, sometimes referred to as the "European Markets Infrastructure Regulation".
flat-fee charge
As Published: 2015
flat-fee charge
88 a charge used by an operator of a qualifying scheme which is a specified charge for a period of time and which is not calculated by reference to member's contributions or accrued rights.
MiFID Regulation
As Published: 2006
MiFID Regulation
39 Commission Regulation (EC) 1287/2006 implementing Directive 2004/39/EC of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment f…
benchmark contributor
As Published: 2018
benchmark contributor
74 (1) a third country benchmark contributor ; or (2) a UK benchmark contributor . [Note: neither acting as a benchmark contributor nor contributing input data to a BMR benchmark administrator is a re…
MiFID/MiFIR requirements
As Published: 2017
MiFID/MiFIR requirements
118 any of the requirements applicable to an RIE or an applicant to become an RIE imposed by MiFIR and any directly applicable regulation made under MiFID or MiFIR .
complaints reporting directions
As Published: 2018
complaints reporting directions
215 The directions in DISP 1.10B .
exercise time
As Published: 2005
exercise time
(in LR ) (in relation to securitised derivatives ), the time stipulated by the issuer by which the holder must exercise their rights. 26…
alternative investment fund
As Published: 2013
alternative investment fund
96 (in accordance with article 4(1)(a) of AIFMD ) a collective investment undertaking, including investment compartments thereof, which: (a) raises capital from a number of investors, with a view to i…
data item
As Published: 2006
data item
One or more related data elements that are grouped together into a prescribed format and required to be submitted by a firm or other regulated entity under SUP 16 or provisions referred to in SUP 16 .
EIS subscription
As Published: 2001
EIS subscription
any money which is subscribed: (a) in the case of an EIS managed portfolio , by the client of the EIS manager whose portfolio it is; (b) in the case of an EIS fund , by the participants in the EIS . 4…
CCR mark to market method
As Published: 2006
CCR mark to market method
48 the method of calculating the amount of an exposure set out in BIPRU 13.4 (CCR mark to market method).
CRD bank
As Published: 2013
CRD bank
156 a bank which uses the EU CRR to measure the capital requirement on its trading book.
residual risk
As Published: 2015
residual risk
142 (in MIPRU ) the risk that credit risk mitigation techniques used by the firm prove less effective than expected.
reverse takeover
As Published: 2005
reverse takeover
(in LR ) a transaction classified as a reverse takeover under LR 5.6 . 113 31…
reattribution expert
As Published: 2005
reattribution expert
35 the expert appointed by a firm to satisfy its obligations under COBS 20.2.47 R (Reattribution expert). 54…
foreign law contract
As Published: 2011
foreign law contract
58 any contract other than a contract: (a) governed by the laws of any part of the United Kingdom ; and (b) whose parties agree to the exclusive jurisdiction of the courts of any part of the United Ki…
state monopoly
As Published: 2005
state monopoly
30 a company or other legal person which is a national of an EEA state and which: (a) in carrying on its business benefits from a monopoly right granted by an EEA state ; and (b) is set up by or pursu…
stakeholder product
As Published: 2004
stakeholder product
27 (as defined in article 52B(3) of the Regulated Activities Order ): (a) a stakeholder CTF ; or (b) a stakeholder pension scheme ; or (c) an investment of a kind specified in the Stakeholder Regulati…